Tumi Discovers New Base-Metal Zone in First Hole at Sala, Sweden

Mittwoch, 16.07.2008 14:35 von Hugin - Aufrufe: 176

Results Include 6.6m at 76 g/t Silver, 7% Zinc and 1.1% Lead
 
VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 07/16/08 -- Tumi
Resources Limited (the "Company") (TSX VENTURE: TM)(OTCBB:
TUMIF)(FRANKFURT: TUY). Mr. David Henstridge, President of Tumi,
announces assay results from the first diamond drill hole completed
at the Company's Sala silver-zinc-lead property, located in the
Bergslagen District of central Sweden.
 
In total, three drill holes for 1,332m have now been completed on the
northern end of the target zone. All drill holes were drilled with an
east-northeasterly orientation. Hole 08-001 was inclined at -52
degrees and ended at 368.4m depth. Holes 08-002 and 08-003 were
inclined at -45 and -62 degrees and ended at 478.3m and 485.6m,
respectively. Drilling is ongoing with a plan to complete a minimum
2,000m at the project.
 
The first drill hole (08-001), for which assay results are now
available, intersected a 75m wide zone of highly anomalous zinc
mineralization. Within this broad envelope semi-massive and stringer
sphalerite mineralization is concentrated in three areas, associated
with localized galena and unidentified silver minerals. Better assay
results from drill hole 08-001 are included in the table below.
 
--------------------------------------------------------------------
Ho
le Number From (m) To (m) Width (m) Ag (g/t) Zn (%) Pb (%)
--------------------------------------------------------------------
08-001 279.8 286.4 6.6 76 7.0 1.1
--------------------------------------------------------------------
Including 279.8 282.8 3 112 11.7 2.0
--------------------------------------------------------------------
308.3 318.3 10 33 3.3 0.6
--------------------------------------------------------------------
Including 314.3 317.3 3 92 4.5 2.0
--------------------------------------------------------------------
319.3 322.3 3 143 0.6 0.5
--------------------------------------------------------------------
Including 319.3 320.3 1 259 0.2 0.1
--------------------------------------------------------------------
345.6 347.7 2.1 13 3.9 0.01
--------------------------------------------------------------------
 
Mr. Henstridge stated, "Our rigorous exploration program and
persistence at Sala is now paying dividends. To discover in our first
drill hole at Sala a broad 75m wide zone of mineralization, together
with higher ore-grade zones including 6.6m at 67 g/t silver, 7% zinc
and 1.1% lead is extremely encouraging. This result validates a one
kilometre long parallel target zone to the west of the historic Sala
silver mine previously demonstrated by our ongoing work. The drill
core from the next two holes has been split and samples sent to the
laboratory; assay results are pending. During logging of the drill
core from these two holes the mineralized zone of interest was
identified. We look forward to reporting further encouraging results
from this project."
 
Quality Control: Drill samples were collected mostly on 1.0m
intervals, with a few exceptions. Each sample was split using a
diamond saw at a core storage facility in the town of Kopperberg. The
samples were taken by Company personnel to the Lundin Mining Corp.
Laboratory in Uppsala, where the samples were crushed and pulverized
prior to shipment to IPL Laboratories in Vancouver, B.C., Canada. The
Company has implemented a program of inserting sample standards and
sample blanks as a means of checking analytical reproducibility.
Splits were taken from selected samples prepared at the Lundin
laboratory and shipped to Mineral Assayers Canada in Vancouver.
 
All samples analyzed by IPL Laboratories were determined using the
ICP method using aqua regia digestion. Due to the high levels of
zinc, lead and silver, a second set of samples were digested with
multiple acids and re-assayed by ICP and reported as ppm silver and
percent copper, lead and zinc. The check analyses done at Assayers
Canada were completed using a multiple acid digestion, and the
results were reported as ppm silver and percent copper, lead and
zinc. An independent qualified geologist, John Nebocat, P. Eng.,
visited the drill site and the sample logging and preparation
facility at Kopperberg to observe the drilling and sampling
procedures. Due to the possible presence of silver amalgam, native
silver, silver sulphosalts or silver sulphides, the Company is
routinely assaying sections of the holes using the metallic
screen/fire assay technique, reducing the risk of losing metallic
silver in the sample preparation stage. It is unknown at this stage
whether drill hole widths approximate true widths.
 
The qualified person for Tumi's projects, David Henstridge, has
visited the Sala project area in the Bergslagen District of Sweden
and has verified the contents of this news release.
 
On behalf of the Board,
 
David Henstridge, President & CEO
 
Forward Looking Statements. This Company Press Release contains
certain "forward-looking" statements and information relating to the
Company that are based on the beliefs of the Company's management as
well as assumptions made by and information currently available to
the Company's management. Such statements reflect the current risks,
uncertainties and assumptions related to certain factors including,
without limitations, competitive factors, general economic
conditions, customer relations, relationships with vendors and
strategic partners, the interest rate environment, governmental
regulation and supervision, seasonality, technological change,
changes in industry practices, and one-time events. Should any one or
more of these risks or uncertainties materialize, or should any
underlying assumptions prove incorrect, actual results may vary
materially from those described herein.
 
Neither the TSX Venture Exchange nor the Frankfurt Deutsche Borse
have reviewed the information contained herein, and, therefore, do
not accept responsibility for the adequacy or the accuracy of this
release.
 
Contacts:
 
Tumi Resources Limited
Mariana Bermudez
(604) 699-0202
(604) 683-1585 (FAX)
Email: mbermudez@chasemgt.com
Website: www.tumiresources.com
 
Mining Interactive
Nick L. Nicolaas
Investor Information Contact
(604) 657-4058
Email: nick@mininginteractive.com
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